The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates even if there is a recession, said former Richmond ...
Tag: Debt
This bond ETF has the potential to become the king of fixed income ETFs. Here’s why.
Hello! This is markets reporter Isabel Wang stepping in to cover ETF Wrap for MarketWatch’s Christine Idzelis, who will be back next week. In this week’s edition, I spoke with Todd Rosenbluth, head of...
5 Reasons Causing Pain In Struggling EM Debt Markets
A man is seen in front of a screen showing the exchange rate between the Colombian peso and the US … [+] dollar in Medellin, Colombia, on July 7, 2022. (Photo by JOAQUIN SARMIENTO / AFP) (Photo ...
Here’s the incredibly strong signal for stocks that is coming from the corporate bond market
Is it a false dawn in the stock market or is there something real? The S&P 500 has never lost ground over the following year when advancing volume was at least 85% of volume for two out of three d...
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally – Economics Bitcoin News
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,...
Judge Allows Voyager to Pay Off Credit Card Debt
Key Takeaways Crypto exchange company Voyager Digital was accorded permission to pay off $76,000 across 24 credit cards to Brex. The bankruptcy judge, who gave his approval reluctantly, said the compa...
AMC stock gains after repurchasing of 10% second lien debt at a 31% discount
Shares of AMC Entertainment Holdings Inc. AMC, +7.18% gained 0.9% in premarket trading Wednesday, after the movie theater operator and “meme” stock said it paid about $50 million to repurc...
China U.S. debt holdings go under $1 trillion for 1st time in 12 years
The U.S. Treasury building in Washington, D.C. Bloomberg | Bloomberg | Getty Images China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interes...
Why the 60/40 model suddenly has life again
The good ol’ 60/40 portfolio, designed to produce decent returns in all environments, is having one of its worst years ever. Going by the simplest possible construction — 60% in the S&P 500 SPX, +...
debt plagues young people despite China’s scrutiny of fintech microloans
Gary Wang, 25, could not pay for all his purchases, but he kept buying anyway. The smartphones and clothes that appeared on the Chinese apps he used for watching short videos or ordering takeaways see...
Why the bond market should be given the benefit of the doubt
The bond market’s rout has gone too far, so look for interest rates to decline in coming months. If that happens, it certainly would be good news to beleaguered retirees and near-retirees who have an ...
Could Electric Cars Save Ailing Aston Martin, As It Shakes Off Debt Burden?
James Bonds Aston Martin at the World Premiere of “NO TIME TO DIE”. (Photo by Tristan Fewings/Getty … [+] Images for EON Productions, Metro-Goldwyn-Mayer Studios, and Universal Pictu...
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my Social Security at 70. I receive abou...
EquitiesFirst Owes $439 Million In Debt to Celsius Network
EquitiesFirst, an Indianapolis-based specialist finance company best known for lending cash to institutions secured against their stock holdings, is identified as a debtor to the prominent crypto lend...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
Celsius in debt of user $4.72Billion, $ 1.19Billion left on the balance sheet –
Celsius in debt of users $ 4.72 Billion and have only $1.19 Billion left in the Balance sheet. Kirkland and Ellis LLP, the famous law firm, is hired by Celsius for legal formalities. Celsius Network...
Celsius has now paid off more than $800 million of debt to DeFi apps
Celsius Network, the troubled crypto lender, has closed all of its debt owed to decentralized lending apps. On Wednesday, the firm repaid nearly $50 million of its debt to Compound’s lending protocol ...
Celsius debt reduces amid DeFi protocol’s repayment
Troubled crypto investor astronomer (CEL) seems to own no intention of being frozen out of the crypto world and is constant to require action to avoid doable insolvency, because it has been hastily re...
Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound
Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported. The embattled crypto lender has also repaid its remaining debt to the decentralized finance (DeFi) ...
Celsius Network Pays Down Its Aave Debt, Here’s How Much It Still Owes
Celsius Network has been aggressively paying down all of its debt since it first stopped withdrawals, swaps, and transfers on its platform. The lending platform had loans spread across various protoco...
Celsius Makes Strong Comeback, Total Debt Stands at Only $59 Million
Defi News Almost a tenth of the asset’s $4.4 billion market value has been rescued. More than 23,000 WBTC (equivalent to $440 million) were returned. After retrieving 400,000 Staked Ethereum in collat...
U.S. June inflation report circulating on internet Tuesday is fake, Bureau of Labor Statistics says
The U.S. Bureau of Labor Statistics said Tuesday that a release circulating online purporting to show June inflation data, due for release on Wednesday morning, was a forgery. “We’re aware of a fake ...
Stock market faces inflation test Wednesday: Here are ‘good, bad and ugly’ scenarios
Expectation for U.S. inflation have fallen over the past month thanks largely to the drop in industrial and agricultural commodity prices. This trend has shown up in the Federal Reserve Bank of New Yo...
Celsius Unlocks 400,000 stETH, Pays Off Debt To Aave
Celsius, the crypto lending firm which has recently been the subject of regulatory oversight for its operational failures due to insufficient liquidity, has confirmed that it has paid up 400,000 stETH...
Crypto Hedge Fund Bosses’ Whereabouts Are Unknown, Say Creditors Seeking Billions of Dollars in Debt
The whereabouts of Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies are currently unknown, according to creditors trying to seek payment on large unpaid loans. According to court documents, ...
Celsius Takes Measures To Outgrow Insolvency: RePays $20 Million Debt To Aave
Celsius is taking measures to lessen the effects of insolvency. The lending platform has also hired Kirkland & Ellis LLP firm for professional advice. Celsius is also taking steps to reduce some o...
Celsius Repays Aave Debt, Withdraws stETH Worth $416 Mln
Crypto lender Celsius has cleared its intention now as it continues to repay its Aave loan. The outstanding debt has now been reduced to almost $50 million. The crypto lender has also withdrawn stETH ...
U.S. yield curve most inverted in 15 years
U.S. Treasury yields fell on Tuesday as investors sought the safety of government debt amid floundering equity markets and lingering global economic growth concerns ahead of U.S. consumer price index ...
Money Is Pouring Into Bonds Again. What It Means.
Text size The renewed interest in government bonds comes as the 10-year Treasury yield has surged to around 3%. Dreamstime Investors are pouring money into bond funds—a reversal from a trend seen for ...
Celsius Replaces Its Lawyers And Repays $20 Million Debt To Aave
Though caught up in the web of the prevailing crypto bear market, Celsius adversely impacted the situation. The crypto lending platform has been struggling to break loose from the effect of insolvency...
New Jersey Hasn’t Cleared American Dream Mall Grant as Debt Payment Looms
(Bloomberg) — Three weeks before the American Dream super-mall is due to pay debt backed by New Jersey economic development grants, the state hasn’t approved a key document needed to release the...